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Eversheds advises Barwa Bank on first Islamic window acquisition

Posted on 01 September 2011

The Doha office of international law firm Eversheds has advised Barwa Bank on the acquisition of Al Yusr, International Bank of Qatar’s Islamic banking operations.

Following Qatar Central Bank’s decision, in January 2011, that conventional banks must close their Islamic banking windows by the end of the year, this is the first purchase of an Islamic finance window by an Islamic bank in Qatar, and also the first deal of its kind in the region……………………………………….Full Article: Source

 
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